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UBS downgrades Cognos (COGN) to Neutral

October 15, 2007 7:20 AM EDT
COGN Hot Sheet
Rating Summary:
    0 Buy, 0 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
UBS downgrades Cognos (NASDAQ: COGN) from Buy to Neutral.

Cognos operates provides business intelligence and performance management software solutions.

Shares of Cognos has surged recently related to takeover offers for Business Objects SA (NASDAQ: BOBJ) and BEA Systems Inc. (NASDAQ: BEAS).

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